Plasma
Plasma's $250M USDT Yield Program on Binance Filled in Less Than an Hour
The on-chain yield program quickly attracted investors with offering Plasma's XPL native token rewards.
Stablecoin-Focused Bitcoin Sidechain Plasma Draws $373M in Oversubscribed Token Sale
The Plasma network will hold $1 billion in stablecoins at launch and offer fee-free stablecoin transfers.
Plasma Looks to Raise $50M From Token Sale, With Valuation of $500M, for EVM-Compatible Sidechain
The network, backed by prominent investors, aims to facilitate stablecoin transfers, starting with USDT, without transaction fees.
Bitcoin-Based Stablecoin Network Plasma Raises Deposit Cap to $1B, Gets Filled in 30 Minutes
Depositors earn the right to participate in the sale based on their final units at the time of the lock-up.
Plasma’s XPL Token Sale Attracts $500M as Investors Chase Stablecoin Plays
The oversubscribed raise follows stablecoin issuer Circle’s massive IPO last week, underscoring investor appetite for stablecoin-related projects.
Peter Thiel-Backed Plasma Unveils 'HotStuff-Inspired Consensus' For High-Frequency Global Stablecoin Transfers
Other key features of Plasma include custom gas tokens, zero-charge USDT transfers, and confidential transactions while ensuring compliance.
Peter Thiel-Backed Plasma Raises $20M to Develop Bitcoin-Based Network for Stablecoins
The project, which also claims Tether's Paolo Ardoino as an investor, aims to enhance stablecoin adoption through a Bitcoin sidechain that allows zero-fee USDT transactions.
The Protocol: Ethereum Layer-2s Keep Coming as OKX Apes In
In this week's edition of The Protocol newsletter, we look at a few growing trends, including blockchain development marked by the expansion of Ethereum's layer-2 networks, the increased use of zero-knowledge cryptography and the Bitcoin blockchain's new support for tokens, smart contracts and file hosting.
Plasma Became Optimism and It Might Just Save Ethereum
The Plasma Group reformed as Optimism and is working to make ethereum's calling card, smart contracts, work above the base layer.
Ethereum Scaling Tech Monoplasma Wants to Let Dapps Broadcast Crypto
A new ethereum scaling solution called Monoplasma was announced today by blockchain data platform Streamr.
